Endorse the proposed Financial Aid Audit Model to clarify compliance and enforcement processes for 2001 NCAA Proposal No. 46.

Endorse the establishment of a Division III financial aid audit model noting:

a. To minimize cost, consider annual athletics audit performed by institutional research staff and use of outside auditor every three years to minimize cost.

b. Amend audit comparison procedures to properly reflect legislation "… randomly select 10 percent of the institution’s student-athlete population to be compared with the general student population for auditing purposes."

c. Consider audit comparison between student-athletes and nonstudent-athlete population (would require legislative change).

d. Consider a requirement for analysis of all sports at least once every three years.

a. Limit designated audit recipients to the NCAA. Conferences and institutions can determine additional procedures, if desired.

b. Include the certification of audit completion as part of the required NCAA Annual Certification of Financial Aid Compliance Form. The submission deadline may need to be amended.

c. Retain institutional audit results on file in office of financial aid only and make available to the NCAA upon request.

d. Articulate specific details regarding designation of noncompliance, explanatory information and mitigating circumstances by auditors and related institutional responsibilities, including process for reporting noncompliance to the NCAA enforcement staff.